Friday, September 30, 2022

US jobs want to raise 9.3 million in April

WASHINGTON – U.S. employers posted a record $ 9.3 million position in April with the U.S. economy reopening at an incredible rate.

The number of jobs rose by 12 percent from the 8.3 million counted in March.

According to a Labor Department report on Tuesday, employers employed just 6.1 million, a percentage higher than in March, indicating that jobs will open faster than companies can fill them.

“More than a year after horrific job losses and wage cuts, jobseekers have a strong hand in the labor market again. The demand for workers is increasing as the broader economy begins to emerge from the pandemic, ”said Nick Bunker, director of the Hiring Lab. “At the same time, supply is limited, as workers are slow to find their post-pandemic normal. The result is a labor market that has fallen back faster than many expected. ‘

Hotels and restaurants, which reopened after being forced to close or limit hours during the coronavirus pandemic, reported the largest increase in jobs.

The number of Americans quitting their jobs rose 11 percent in April to nearly 4 million, the highest figure in 2000.

The Labor Department reported Friday that the U.S. economy was generating 559,000 new jobs in May and that the unemployment rate had dropped to 5.8 percent from 6.1 percent in April. The rental rates will usually be considered extraordinary. But as the economy rebounded due to the coronavirus recession, some economists expected to make much faster profits. The United States still has 7.6 million fewer jobs than in February 2020.

By Paul Wiseman

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Nation World News Desk
Nation World News Deskhttps://nationworldnews.com
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